Equinix Inc. Common Stock REIT vs Prologis Inc.
Why these are rivals: #2 and #3 by market value ($118B vs $96B) in Nasdaq's "Real Estate Investment Trusts" industry; SEC SIC 6798 / 6798 (same major group); #2 and #3 by market value ($118B vs $96B) with SEC SIC 6798 (Real Estate Investment Trusts).
Rivals, but right now the price gap does not have a measured habit of closing, so there is no paper idea, whatever the gap.
- Co-movement: daily return correlation, 252 sessions: 0.21 (needs >= 0.60)
- Mean reversion: ADF t-statistic of the spread: -1.30 (needs <= -2.873 (5% critical value))
EQIX is the larger business
Annual revenue reported to the SEC. Scale, not market share.
| Year | EQIX | PLD | Larger |
|---|---|---|---|
| 2025 | $9.2B | $8.8B | EQIX |
| 2024 | $8.7B | $8.2B | EQIX |
| 2023 | $8.2B | $8.0B | EQIX |
| 2022 | $7.3B | $6.0B | EQIX |
| 2021 | $6.6B | $4.8B | EQIX |
| 2020 | $6.0B | $4.4B | EQIX |
EQIX led in every year with figures for both. Market value: EQIX $96.3B, PLD $117.6B.
EQIX is ahead now
Measured against the pair's own last 252 trading days.
EQIX leads PLD by 0.71 standard deviations: +7.3% over its usual price ratio. 1 lead switch in the last year.
| Price change | 3 mo | 6 mo | 12 mo |
|---|---|---|---|
| EQIX | -12.1% | -14.6% | +15.9% |
| PLD | -14.2% | -11.0% | +0.5% |
Not a measured twin today
Only these tests can make a pair tradable on paper.
- Pass
- Aligned sessions: 2521 (needs >= 254)
- Fail
- Co-movement: daily return correlation, 252 sessions: 0.21 (needs >= 0.60)
- Fail
- Mean reversion: ADF t-statistic of the spread: -1.30 (needs <= -2.873 (5% critical value))
- Pass
- Speed: half-life of the spread, sessions: 44.13 (needs <= 63)
- Data
- Both stocks current
Prices side by side, and the gap between them
Data table (504 sessions)
| Date | EQIX index | PLD index | z | Ahead |
|---|---|---|---|---|
| 2026-10-22 | 106.41 | 103.40 | +0.71 | EQIX ahead |
| 2026-10-21 | 111.15 | 104.16 | +1.08 | EQIX ahead |
| 2026-10-20 | 110.30 | 104.06 | +1.03 | EQIX ahead |
| 2026-10-19 | 108.99 | 101.30 | +1.19 | EQIX ahead |
| 2026-10-16 | 110.14 | 102.65 | +1.17 | EQIX ahead |
| 2026-10-15 | 111.29 | 103.62 | +1.18 | EQIX ahead |
| 2026-10-14 | 111.25 | 106.50 | +0.90 | EQIX ahead |
| 2026-10-13 | 113.87 | 109.02 | +0.91 | EQIX ahead |
| 2026-10-12 | 115.35 | 108.14 | +1.13 | EQIX ahead |
| 2026-10-09 | 114.62 | 105.71 | +1.31 | EQIX ahead |
| 2026-10-08 | 112.95 | 105.54 | +1.18 | EQIX ahead |
| 2026-10-07 | 115.26 | 103.92 | +1.56 | EQIX ahead |
| 2026-10-06 | 117.00 | 105.04 | +1.62 | EQIX ahead |
| 2026-10-05 | 114.33 | 104.56 | +1.44 | EQIX ahead |
| 2026-10-02 | 114.58 | 105.23 | +1.41 | EQIX ahead |
| 2026-10-01 | 113.08 | 104.64 | +1.34 | EQIX ahead |
| 2026-09-30 | 113.00 | 105.99 | +1.21 | EQIX ahead |
| 2026-09-29 | 113.41 | 108.25 | +1.03 | EQIX ahead |
| 2026-09-28 | 112.94 | 108.11 | +1.01 | EQIX ahead |
| 2026-09-25 | 112.61 | 108.61 | +0.93 | EQIX ahead |
| 2026-09-24 | 115.59 | 109.24 | +1.16 | EQIX ahead |
| 2026-09-23 | 115.91 | 109.36 | +1.18 | EQIX ahead |
| 2026-09-22 | 118.33 | 110.92 | +1.26 | EQIX ahead |
| 2026-09-21 | 118.10 | 110.87 | +1.25 | EQIX ahead |
| 2026-09-18 | 114.09 | 110.07 | +0.97 | EQIX ahead |
| 2026-09-17 | 114.60 | 110.35 | +0.99 | EQIX ahead |
| 2026-09-16 | 113.51 | 109.18 | +1.01 | EQIX ahead |
| 2026-09-15 | 112.49 | 110.89 | +0.75 | EQIX ahead |
| 2026-09-14 | 111.56 | 110.36 | +0.72 | EQIX ahead |
| 2026-09-11 | 115.92 | 110.82 | +1.09 | EQIX ahead |
| 2026-09-10 | 114.37 | 109.72 | +1.06 | EQIX ahead |
| 2026-09-09 | 116.52 | 110.74 | +1.17 | EQIX ahead |
| 2026-09-08 | 116.31 | 113.04 | +0.93 | EQIX ahead |
| 2026-09-04 | 115.73 | 112.11 | +0.97 | EQIX ahead |
| 2026-09-03 | 116.27 | 112.94 | +0.95 | EQIX ahead |
| 2026-09-02 | 113.86 | 111.50 | +0.87 | EQIX ahead |
| 2026-09-01 | 114.79 | 114.02 | +0.71 | EQIX ahead |
| 2026-08-31 | 116.93 | 114.22 | +0.90 | EQIX ahead |
| 2026-08-28 | 116.67 | 114.86 | +0.82 | EQIX ahead |
| 2026-08-27 | 120.25 | 115.80 | +1.07 | EQIX ahead |
| 2026-08-26 | 120.60 | 116.40 | +1.05 | EQIX ahead |
| 2026-08-25 | 119.91 | 117.00 | +0.93 | EQIX ahead |
| 2026-08-24 | 117.87 | 117.03 | +0.74 | EQIX ahead |
| 2026-08-21 | 119.01 | 115.76 | +0.97 | EQIX ahead |
| 2026-08-20 | 120.93 | 114.84 | +1.25 | EQIX ahead |
| 2026-08-19 | 120.32 | 115.35 | +1.15 | EQIX ahead |
| 2026-08-18 | 121.21 | 114.30 | +1.34 | EQIX ahead |
| 2026-08-17 | 122.61 | 114.79 | +1.42 | EQIX ahead |
| 2026-08-14 | 123.11 | 115.13 | +1.44 | EQIX ahead |
| 2026-08-13 | 119.95 | 115.27 | +1.14 | EQIX ahead |
| 2026-08-12 | 119.43 | 114.88 | +1.13 | EQIX ahead |
| 2026-08-11 | 115.33 | 113.88 | +0.84 | EQIX ahead |
| 2026-08-10 | 116.55 | 113.27 | +1.02 | EQIX ahead |
| 2026-08-07 | 116.47 | 114.42 | +0.90 | EQIX ahead |
| 2026-08-06 | 117.61 | 113.58 | +1.09 | EQIX ahead |
| 2026-08-05 | 117.98 | 114.91 | +1.00 | EQIX ahead |
| 2026-08-04 | 117.46 | 113.51 | +1.09 | EQIX ahead |
| 2026-08-03 | 115.22 | 117.67 | +0.46 | near the usual relationship |
| 2026-07-31 | 113.86 | 118.05 | +0.29 | near the usual relationship |
| 2026-07-30 | 117.02 | 119.34 | +0.47 | near the usual relationship |
| 2026-07-29 | 112.60 | 118.75 | +0.09 | near the usual relationship |
| 2026-07-28 | 115.60 | 120.10 | +0.26 | near the usual relationship |
| 2026-07-27 | 116.93 | 120.21 | +0.38 | near the usual relationship |
| 2026-07-24 | 121.12 | 120.51 | +0.75 | EQIX ahead |
| 2026-07-23 | 115.45 | 118.47 | +0.40 | near the usual relationship |
| 2026-07-22 | 114.92 | 118.12 | +0.38 | near the usual relationship |
| 2026-07-21 | 114.82 | 122.40 | -0.03 | near the usual relationship |
| 2026-07-20 | 113.64 | 120.39 | +0.03 | near the usual relationship |
| 2026-07-17 | 113.94 | 122.28 | -0.11 | near the usual relationship |
| 2026-07-16 | 112.73 | 122.50 | -0.26 | near the usual relationship |
| 2026-07-15 | 114.23 | 117.08 | +0.40 | near the usual relationship |
| 2026-07-14 | 114.34 | 116.32 | +0.49 | near the usual relationship |
| 2026-07-13 | 116.12 | 116.05 | +0.69 | EQIX ahead |
| 2026-07-10 | 117.43 | 115.00 | +0.92 | EQIX ahead |
| 2026-07-09 | 115.60 | 115.40 | +0.71 | EQIX ahead |
| 2026-07-08 | 113.49 | 115.10 | +0.53 | EQIX ahead |
| 2026-07-07 | 114.27 | 117.23 | +0.40 | near the usual relationship |
| 2026-07-06 | 111.58 | 114.45 | +0.40 | near the usual relationship |
| 2026-07-02 | 111.93 | 113.82 | +0.49 | near the usual relationship |
| 2026-07-01 | 113.23 | 111.67 | +0.83 | EQIX ahead |
| 2026-06-30 | 116.44 | 110.59 | +1.26 | EQIX ahead |
| 2026-06-29 | 121.22 | 113.38 | +1.44 | EQIX ahead |
| 2026-06-26 | 121.91 | 114.26 | +1.42 | EQIX ahead |
| 2026-06-25 | 121.49 | 114.72 | +1.32 | EQIX ahead |
| 2026-06-24 | 122.32 | 115.00 | +1.36 | EQIX ahead |
| 2026-06-23 | 124.66 | 118.57 | +1.22 | EQIX ahead |
| 2026-06-22 | 124.66 | 117.41 | +1.32 | EQIX ahead |
| 2026-06-18 | 122.01 | 114.73 | +1.32 | EQIX ahead |
| 2026-06-17 | 121.60 | 115.05 | +1.24 | EQIX ahead |
| 2026-06-16 | 122.28 | 119.28 | +0.90 | EQIX ahead |
| 2026-06-15 | 118.90 | 121.22 | +0.42 | near the usual relationship |
| 2026-06-12 | 117.95 | 121.42 | +0.30 | near the usual relationship |
| 2026-06-11 | 116.53 | 120.16 | +0.28 | near the usual relationship |
| 2026-06-10 | 115.99 | 119.00 | +0.32 | near the usual relationship |
| 2026-06-09 | 118.39 | 120.42 | +0.40 | near the usual relationship |
| 2026-06-08 | 118.72 | 116.56 | +0.76 | EQIX ahead |
| 2026-06-05 | 120.75 | 117.99 | +0.80 | EQIX ahead |
| 2026-06-04 | 121.67 | 117.38 | +0.92 | EQIX ahead |
| 2026-06-03 | 120.31 | 115.77 | +0.94 | EQIX ahead |
| 2026-06-02 | 119.73 | 114.62 | +0.99 | EQIX ahead |
| 2026-06-01 | 117.38 | 113.49 | +0.88 | EQIX ahead |
| 2026-05-29 | 119.31 | 117.12 | +0.72 | EQIX ahead |
| 2026-05-28 | 119.46 | 118.89 | +0.58 | EQIX ahead |
| 2026-05-27 | 119.55 | 119.61 | +0.51 | EQIX ahead |
| 2026-05-26 | 120.38 | 119.95 | +0.55 | EQIX ahead |
| 2026-05-22 | 120.62 | 119.10 | +0.63 | EQIX ahead |
| 2026-05-21 | 120.47 | 118.07 | +0.70 | EQIX ahead |
| 2026-05-20 | 118.97 | 118.11 | +0.57 | EQIX ahead |
| 2026-05-19 | 117.12 | 116.28 | +0.56 | EQIX ahead |
| 2026-05-18 | 118.70 | 116.17 | +0.70 | EQIX ahead |
| 2026-05-15 | 118.35 | 114.72 | +0.79 | EQIX ahead |
| 2026-05-14 | 120.61 | 116.46 | +0.82 | EQIX ahead |
| 2026-05-13 | 120.34 | 115.92 | +0.84 | EQIX ahead |
| 2026-05-12 | 120.71 | 117.36 | +0.75 | EQIX ahead |
| 2026-05-11 | 121.34 | 117.61 | +0.77 | EQIX ahead |
| 2026-05-08 | 119.76 | 117.62 | +0.64 | EQIX ahead |
| 2026-05-07 | 119.16 | 116.16 | +0.70 | EQIX ahead |
| 2026-05-06 | 121.53 | 116.65 | +0.84 | EQIX ahead |
| 2026-05-05 | 120.47 | 114.51 | +0.93 | EQIX ahead |
| 2026-05-04 | 121.00 | 113.27 | +1.06 | EQIX ahead |
| 2026-05-01 | 121.21 | 115.44 | +0.89 | EQIX ahead |
| 2026-04-30 | 120.96 | 115.93 | +0.83 | EQIX ahead |
| 2026-04-29 | 121.66 | 113.32 | +1.09 | EQIX ahead |
| 2026-04-28 | 120.24 | 115.53 | +0.80 | EQIX ahead |
| 2026-04-27 | 121.74 | 114.30 | +1.01 | EQIX ahead |
| 2026-04-24 | 123.86 | 116.00 | +1.03 | EQIX ahead |
| 2026-04-23 | 124.59 | 116.20 | +1.07 | EQIX ahead |
| 2026-04-22 | 123.13 | 115.44 | +1.02 | EQIX ahead |
| 2026-04-21 | 122.25 | 115.85 | +0.92 | EQIX ahead |
| 2026-04-20 | 123.32 | 118.39 | +0.80 | EQIX ahead |
| 2026-04-17 | 121.61 | 118.45 | +0.66 | EQIX ahead |
| 2026-04-16 | 119.63 | 116.06 | +0.70 | EQIX ahead |
| 2026-04-15 | 117.63 | 114.10 | +0.69 | EQIX ahead |
| 2026-04-14 | 118.12 | 112.95 | +0.82 | EQIX ahead |
| 2026-04-13 | 118.06 | 111.96 | +0.89 | EQIX ahead |
| 2026-04-10 | 115.08 | 111.99 | +0.65 | EQIX ahead |
| 2026-04-09 | 115.23 | 112.67 | +0.60 | EQIX ahead |
| 2026-04-08 | 113.68 | 112.17 | +0.52 | EQIX ahead |
| 2026-04-07 | 112.52 | 108.75 | +0.70 | EQIX ahead |
| 2026-04-06 | 113.50 | 108.04 | +0.84 | EQIX ahead |
| 2026-04-02 | 111.75 | 109.20 | +0.61 | EQIX ahead |
| 2026-04-01 | 111.26 | 108.84 | +0.60 | EQIX ahead |
| 2026-03-31 | 109.50 | 107.90 | +0.53 | EQIX ahead |
| 2026-03-30 | 107.69 | 105.13 | +0.62 | EQIX ahead |
| 2026-03-27 | 107.57 | 105.22 | +0.60 | EQIX ahead |
| 2026-03-26 | 107.62 | 105.91 | +0.54 | EQIX ahead |
| 2026-03-25 | 107.90 | 106.42 | +0.52 | EQIX ahead |
| 2026-03-24 | 107.74 | 106.41 | +0.51 | EQIX ahead |
| 2026-03-23 | 108.02 | 106.38 | +0.53 | EQIX ahead |
| 2026-03-20 | 107.14 | 104.50 | +0.62 | EQIX ahead |
| 2026-03-19 | 108.89 | 107.01 | +0.55 | EQIX ahead |
| 2026-03-18 | 108.75 | 107.10 | +0.53 | EQIX ahead |
| 2026-03-17 | 109.12 | 108.74 | +0.42 | near the usual relationship |
| 2026-03-16 | 109.97 | 109.44 | +0.43 | near the usual relationship |
| 2026-03-13 | 108.34 | 107.55 | +0.46 | near the usual relationship |
| 2026-03-12 | 108.52 | 107.67 | +0.46 | near the usual relationship |
| 2026-03-11 | 108.74 | 109.71 | +0.31 | near the usual relationship |
| 2026-03-10 | 106.80 | 111.15 | +0.03 | near the usual relationship |
| 2026-03-09 | 105.55 | 110.33 | -0.01 | near the usual relationship |
| 2026-03-06 | 104.69 | 109.83 | -0.05 | near the usual relationship |
| 2026-03-05 | 106.46 | 112.53 | -0.12 | near the usual relationship |
| 2026-03-04 | 108.25 | 113.81 | -0.07 | near the usual relationship |
| 2026-03-03 | 108.58 | 115.10 | -0.15 | near the usual relationship |
| 2026-03-02 | 107.92 | 116.51 | -0.31 | near the usual relationship |
| 2026-02-27 | 108.83 | 116.38 | -0.23 | near the usual relationship |
| 2026-02-26 | 105.90 | 116.46 | -0.49 | near the usual relationship |
| 2026-02-25 | 107.30 | 114.31 | -0.21 | near the usual relationship |
| 2026-02-24 | 106.33 | 114.53 | -0.31 | near the usual relationship |
| 2026-02-23 | 105.63 | 114.89 | -0.40 | near the usual relationship |
| 2026-02-20 | 103.68 | 115.52 | -0.62 | PLD ahead |
| 2026-02-19 | 102.55 | 113.50 | -0.57 | PLD ahead |
| 2026-02-18 | 103.24 | 113.98 | -0.55 | PLD ahead |
| 2026-02-17 | 106.34 | 115.73 | -0.43 | near the usual relationship |
| 2026-02-13 | 106.81 | 113.44 | -0.21 | near the usual relationship |
| 2026-02-12 | 107.00 | 111.33 | -0.03 | near the usual relationship |
| 2026-02-11 | 96.91 | 114.19 | -1.15 | PLD ahead |
| 2026-02-10 | 95.70 | 114.68 | -1.31 | PLD ahead |
| 2026-02-09 | 95.82 | 112.07 | -1.11 | PLD ahead |
| 2026-02-06 | 94.74 | 111.80 | -1.19 | PLD ahead |
| 2026-02-05 | 90.21 | 111.13 | -1.60 | PLD ahead |
| 2026-02-04 | 89.60 | 110.07 | -1.59 | PLD ahead |
| 2026-02-03 | 89.57 | 107.66 | -1.40 | PLD ahead |
| 2026-02-02 | 90.53 | 105.86 | -1.16 | PLD ahead |
| 2026-01-30 | 91.70 | 106.58 | -1.11 | PLD ahead |
| 2026-01-29 | 92.28 | 106.46 | -1.06 | PLD ahead |
| 2026-01-28 | 91.17 | 103.78 | -0.94 | PLD ahead |
| 2026-01-27 | 90.43 | 105.06 | -1.14 | PLD ahead |
| 2026-01-26 | 90.07 | 103.21 | -1.02 | PLD ahead |
| 2026-01-23 | 88.39 | 103.80 | -1.25 | PLD ahead |
| 2026-01-22 | 88.56 | 103.40 | -1.21 | PLD ahead |
| 2026-01-21 | 88.86 | 107.05 | -1.51 | PLD ahead |
| 2026-01-20 | 87.60 | 106.78 | -1.63 | PLD ahead |
| 2026-01-16 | 89.56 | 108.74 | -1.61 | PLD ahead |
| 2026-01-15 | 89.57 | 108.37 | -1.59 | PLD ahead |
| 2026-01-14 | 89.26 | 107.93 | -1.60 | PLD ahead |
| 2026-01-13 | 89.51 | 106.30 | -1.44 | PLD ahead |
| 2026-01-12 | 87.56 | 105.36 | -1.57 | PLD ahead |
| 2026-01-09 | 89.40 | 105.63 | -1.41 | PLD ahead |
| 2026-01-08 | 87.34 | 104.81 | -1.56 | PLD ahead |
| 2026-01-07 | 86.75 | 103.59 | -1.53 | PLD ahead |
| 2026-01-06 | 88.03 | 104.05 | -1.44 | PLD ahead |
| 2026-01-05 | 86.24 | 105.87 | -1.80 | PLD ahead |
| 2026-01-02 | 85.36 | 105.35 | -1.86 | PLD ahead |
| 2025-12-31 | 85.59 | 104.21 | -1.75 | PLD ahead |
| 2025-12-30 | 85.98 | 105.31 | -1.82 | PLD ahead |
| 2025-12-29 | 85.46 | 104.88 | -1.85 | PLD ahead |
| 2025-12-26 | 85.27 | 105.07 | -1.90 | PLD ahead |
| 2025-12-24 | 84.75 | 105.43 | -2.01 | PLD ahead |
| 2025-12-23 | 84.91 | 104.30 | -1.91 | PLD ahead |
| 2025-12-22 | 84.66 | 104.16 | -1.94 | PLD ahead |
| 2025-12-19 | 84.73 | 103.86 | -1.92 | PLD ahead |
| 2025-12-18 | 83.12 | 104.21 | -2.15 | PLD ahead |
| 2025-12-17 | 83.54 | 104.55 | -2.16 | PLD ahead |
| 2025-12-16 | 84.69 | 104.17 | -2.02 | PLD ahead |
| 2025-12-15 | 85.05 | 106.66 | -2.23 | PLD ahead |
| 2025-12-12 | 83.82 | 106.27 | -2.36 | PLD ahead |
| 2025-12-11 | 84.24 | 106.58 | -2.37 | PLD ahead |
| 2025-12-10 | 82.04 | 105.89 | -2.60 | PLD ahead |
| 2025-12-09 | 82.74 | 104.04 | -2.39 | PLD ahead |
| 2025-12-08 | 82.66 | 103.40 | -2.37 | PLD ahead |
| 2025-12-05 | 82.84 | 104.47 | -2.49 | PLD ahead |
| 2025-12-04 | 81.11 | 104.64 | -2.76 | PLD ahead |
| 2025-12-03 | 81.85 | 105.46 | -2.80 | PLD ahead |
| 2025-12-02 | 81.25 | 105.25 | -2.91 | PLD ahead |
| 2025-12-01 | 81.91 | 105.25 | -2.88 | PLD ahead |
| 2025-11-28 | 84.15 | 104.92 | -2.62 | PLD ahead |
| 2025-11-26 | 83.83 | 104.62 | -2.67 | PLD ahead |
| 2025-11-25 | 83.57 | 103.99 | -2.69 | PLD ahead |
| 2025-11-24 | 84.97 | 103.22 | -2.48 | PLD ahead |
| 2025-11-21 | 84.30 | 102.69 | -2.55 | PLD ahead |
| 2025-11-20 | 84.09 | 100.51 | -2.38 | PLD ahead |
| 2025-11-19 | 85.46 | 99.92 | -2.16 | PLD ahead |
| 2025-11-18 | 87.04 | 101.06 | -2.11 | PLD ahead |
| 2025-11-17 | 86.78 | 100.83 | -2.15 | PLD ahead |
| 2025-11-14 | 87.75 | 100.27 | -1.99 | PLD ahead |
| 2025-11-13 | 87.86 | 101.22 | -2.11 | PLD ahead |
| 2025-11-12 | 90.84 | 101.91 | -1.82 | PLD ahead |
| 2025-11-11 | 91.72 | 103.07 | -1.86 | PLD ahead |
| 2025-11-10 | 92.51 | 101.96 | -1.65 | PLD ahead |
| 2025-11-07 | 92.13 | 102.53 | -1.79 | PLD ahead |
| 2025-11-06 | 91.52 | 101.22 | -1.73 | PLD ahead |
| 2025-11-05 | 91.84 | 101.08 | -1.69 | PLD ahead |
| 2025-11-04 | 92.71 | 101.22 | -1.61 | PLD ahead |
| 2025-11-03 | 93.03 | 101.40 | -1.61 | PLD ahead |
| 2025-10-31 | 94.51 | 101.30 | -1.42 | PLD ahead |
| 2025-10-30 | 93.07 | 101.41 | -1.63 | PLD ahead |
| 2025-10-29 | 89.11 | 100.79 | -2.11 | PLD ahead |
| 2025-10-28 | 91.17 | 102.63 | -2.08 | PLD ahead |
| 2025-10-27 | 94.14 | 103.74 | -1.83 | PLD ahead |
| 2025-10-24 | 93.78 | 103.21 | -1.83 | PLD ahead |
| 2025-10-23 | 92.93 | 102.67 | -1.90 | PLD ahead |
| 2025-10-22 | 92.61 | 102.82 | -1.98 | PLD ahead |
| 2025-10-21 | 91.82 | 102.85 | -2.11 | PLD ahead |
| 2025-10-20 | 92.17 | 103.82 | -2.20 | PLD ahead |
| 2025-10-17 | 90.92 | 101.29 | -2.08 | PLD ahead |
| 2025-10-16 | 90.79 | 98.91 | -1.80 | PLD ahead |
| 2025-10-15 | 91.85 | 100.21 | -1.83 | PLD ahead |
| 2025-10-14 | 91.31 | 94.24 | -1.12 | PLD ahead |
| 2025-10-13 | 90.07 | 92.02 | -0.98 | PLD ahead |
| 2025-10-10 | 89.43 | 90.80 | -0.91 | PLD ahead |
| 2025-10-09 | 90.30 | 93.43 | -1.16 | PLD ahead |
| 2025-10-08 | 89.77 | 94.69 | -1.41 | PLD ahead |
| 2025-10-07 | 87.92 | 94.67 | -1.69 | PLD ahead |
| 2025-10-06 | 88.23 | 95.62 | -1.79 | PLD ahead |
| 2025-10-03 | 86.99 | 95.56 | -1.98 | PLD ahead |
| 2025-10-02 | 86.30 | 94.79 | -1.99 | PLD ahead |
| 2025-10-01 | 86.46 | 95.09 | -2.02 | PLD ahead |
| 2025-09-30 | 87.49 | 93.49 | -1.64 | PLD ahead |
| 2025-09-29 | 87.32 | 93.26 | -1.64 | PLD ahead |
| 2025-09-26 | 88.29 | 93.22 | -1.49 | PLD ahead |
| 2025-09-25 | 87.45 | 92.42 | -1.50 | PLD ahead |
| 2025-09-24 | 88.22 | 92.13 | -1.34 | PLD ahead |
| 2025-09-23 | 89.73 | 93.42 | -1.29 | PLD ahead |
| 2025-09-22 | 89.15 | 93.00 | -1.31 | PLD ahead |
| 2025-09-19 | 88.39 | 92.66 | -1.37 | PLD ahead |
| 2025-09-18 | 87.72 | 94.01 | -1.66 | PLD ahead |
| 2025-09-17 | 87.00 | 92.97 | -1.62 | PLD ahead |
| 2025-09-16 | 87.05 | 93.09 | -1.63 | PLD ahead |
| 2025-09-15 | 88.44 | 93.28 | -1.44 | PLD ahead |
| 2025-09-12 | 88.09 | 94.16 | -1.60 | PLD ahead |
| 2025-09-11 | 89.08 | 93.73 | -1.38 | PLD ahead |
| 2025-09-10 | 87.20 | 90.60 | -1.20 | PLD ahead |
| 2025-09-09 | 87.08 | 91.40 | -1.32 | PLD ahead |
| 2025-09-08 | 85.51 | 92.70 | -1.72 | PLD ahead |
| 2025-09-05 | 86.43 | 92.78 | -1.59 | PLD ahead |
| 2025-09-04 | 85.78 | 91.93 | -1.56 | PLD ahead |
| 2025-09-03 | 85.15 | 90.57 | -1.45 | PLD ahead |
| 2025-09-02 | 86.19 | 90.86 | -1.33 | PLD ahead |
| 2025-08-29 | 87.82 | 92.88 | -1.35 | PLD ahead |
| 2025-08-28 | 87.84 | 91.95 | -1.21 | PLD ahead |
| 2025-08-27 | 88.31 | 91.98 | -1.13 | PLD ahead |
| 2025-08-26 | 87.33 | 90.90 | -1.12 | PLD ahead |
| 2025-08-25 | 87.40 | 91.12 | -1.13 | PLD ahead |
| 2025-08-22 | 87.85 | 91.66 | -1.13 | PLD ahead |
| 2025-08-21 | 86.26 | 88.48 | -0.92 | PLD ahead |
| 2025-08-20 | 86.72 | 89.94 | -1.05 | PLD ahead |
| 2025-08-19 | 86.40 | 90.42 | -1.15 | PLD ahead |
| 2025-08-18 | 85.98 | 86.07 | -0.61 | PLD ahead |
| 2025-08-15 | 87.28 | 87.01 | -0.56 | PLD ahead |
| 2025-08-14 | 86.61 | 86.41 | -0.56 | PLD ahead |
| 2025-08-13 | 87.58 | 86.69 | -0.46 | near the usual relationship |
| 2025-08-12 | 87.95 | 85.56 | -0.25 | near the usual relationship |
| 2025-08-11 | 86.77 | 84.96 | -0.32 | near the usual relationship |
| 2025-08-08 | 86.71 | 86.27 | -0.49 | near the usual relationship |
| 2025-08-07 | 87.06 | 86.77 | -0.50 | PLD ahead |
| 2025-08-06 | 86.35 | 86.31 | -0.53 | PLD ahead |
| 2025-08-05 | 87.01 | 87.38 | -0.57 | PLD ahead |
| 2025-08-04 | 86.95 | 85.89 | -0.37 | near the usual relationship |
| 2025-08-01 | 86.21 | 85.64 | -0.42 | near the usual relationship |
| 2025-07-31 | 87.71 | 87.17 | -0.42 | near the usual relationship |
| 2025-07-30 | 89.03 | 88.56 | -0.41 | near the usual relationship |
| 2025-07-29 | 90.61 | 89.57 | -0.34 | near the usual relationship |
| 2025-07-28 | 88.65 | 87.44 | -0.31 | near the usual relationship |
| 2025-07-25 | 89.53 | 90.03 | -0.51 | PLD ahead |
| 2025-07-24 | 88.20 | 89.57 | -0.60 | PLD ahead |
| 2025-07-23 | 88.94 | 89.80 | -0.53 | PLD ahead |
| 2025-07-22 | 89.43 | 89.13 | -0.39 | near the usual relationship |
| 2025-07-21 | 88.16 | 88.05 | -0.40 | near the usual relationship |
| 2025-07-18 | 86.88 | 87.17 | -0.44 | near the usual relationship |
| 2025-07-17 | 86.64 | 86.88 | -0.43 | near the usual relationship |
| 2025-07-16 | 85.53 | 89.93 | -0.92 | PLD ahead |
| 2025-07-15 | 84.89 | 88.67 | -0.85 | PLD ahead |
| 2025-07-14 | 84.92 | 89.27 | -0.91 | PLD ahead |
| 2025-07-11 | 84.53 | 89.12 | -0.94 | PLD ahead |
| 2025-07-10 | 84.77 | 88.50 | -0.83 | PLD ahead |
| 2025-07-09 | 85.42 | 86.85 | -0.55 | PLD ahead |
| 2025-07-08 | 85.72 | 87.22 | -0.56 | PLD ahead |
| 2025-07-07 | 86.81 | 86.80 | -0.38 | near the usual relationship |
| 2025-07-03 | 87.91 | 88.18 | -0.40 | near the usual relationship |
| 2025-07-02 | 88.82 | 88.42 | -0.32 | near the usual relationship |
| 2025-07-01 | 88.85 | 87.00 | -0.15 | near the usual relationship |
| 2025-06-30 | 88.86 | 85.81 | -0.01 | near the usual relationship |
| 2025-06-27 | 87.70 | 86.22 | -0.18 | near the usual relationship |
| 2025-06-26 | 83.28 | 85.22 | -0.58 | PLD ahead |
| 2025-06-25 | 92.08 | 85.53 | +0.39 | near the usual relationship |
| 2025-06-24 | 101.26 | 88.27 | +1.03 | EQIX ahead |
| 2025-06-23 | 99.42 | 87.45 | +0.95 | EQIX ahead |
| 2025-06-20 | 98.62 | 86.28 | +1.01 | EQIX ahead |
| 2025-06-18 | 99.07 | 85.78 | +1.12 | EQIX ahead |
| 2025-06-17 | 99.06 | 85.79 | +1.13 | EQIX ahead |
| 2025-06-16 | 99.21 | 87.20 | +0.99 | EQIX ahead |
| 2025-06-13 | 99.71 | 87.58 | +1.01 | EQIX ahead |
| 2025-06-12 | 100.14 | 88.52 | +0.95 | EQIX ahead |
| 2025-06-11 | 99.83 | 88.57 | +0.92 | EQIX ahead |
| 2025-06-10 | 101.36 | 89.38 | +0.99 | EQIX ahead |
| 2025-06-09 | 101.37 | 88.92 | +1.05 | EQIX ahead |
| 2025-06-06 | 102.15 | 88.81 | +1.15 | EQIX ahead |
| 2025-06-05 | 101.62 | 88.02 | +1.19 | EQIX ahead |
| 2025-06-04 | 101.90 | 88.51 | +1.17 | EQIX ahead |
| 2025-06-03 | 99.96 | 89.00 | +0.93 | EQIX ahead |
| 2025-06-02 | 99.47 | 88.78 | +0.92 | EQIX ahead |
| 2025-05-30 | 99.29 | 88.65 | +0.92 | EQIX ahead |
| 2025-05-29 | 99.13 | 89.17 | +0.85 | EQIX ahead |
| 2025-05-28 | 98.37 | 88.10 | +0.90 | EQIX ahead |
| 2025-05-27 | 97.95 | 87.04 | +0.98 | EQIX ahead |
| 2025-05-23 | 96.45 | 84.93 | +1.09 | EQIX ahead |
| 2025-05-22 | 96.79 | 85.79 | +1.03 | EQIX ahead |
| 2025-05-21 | 95.97 | 85.44 | +0.99 | EQIX ahead |
| 2025-05-20 | 97.84 | 88.76 | +0.80 | EQIX ahead |
| 2025-05-19 | 98.03 | 90.33 | +0.65 | EQIX ahead |
| 2025-05-16 | 97.85 | 90.24 | +0.64 | EQIX ahead |
| 2025-05-15 | 96.88 | 89.17 | +0.67 | EQIX ahead |
| 2025-05-14 | 95.98 | 87.84 | +0.73 | EQIX ahead |
| 2025-05-13 | 97.05 | 89.55 | +0.65 | EQIX ahead |
| 2025-05-12 | 97.24 | 90.07 | +0.62 | EQIX ahead |
| 2025-05-09 | 96.56 | 87.27 | +0.87 | EQIX ahead |
| 2025-05-08 | 96.18 | 86.11 | +0.98 | EQIX ahead |
| 2025-05-07 | 97.46 | 85.75 | +1.17 | EQIX ahead |
| 2025-05-06 | 97.79 | 85.31 | +1.26 | EQIX ahead |
| 2025-05-05 | 98.66 | 85.98 | +1.28 | EQIX ahead |
| 2025-05-02 | 97.84 | 86.05 | +1.20 | EQIX ahead |
| 2025-05-01 | 96.29 | 84.15 | +1.28 | EQIX ahead |
| 2025-04-30 | 96.15 | 83.43 | +1.36 | EQIX ahead |
| 2025-04-29 | 95.14 | 84.16 | +1.17 | EQIX ahead |
| 2025-04-28 | 94.36 | 84.34 | +1.07 | EQIX ahead |
| 2025-04-25 | 93.62 | 83.46 | +1.10 | EQIX ahead |
| 2025-04-24 | 91.29 | 84.38 | +0.73 | EQIX ahead |
| 2025-04-23 | 90.42 | 82.84 | +0.83 | EQIX ahead |
| 2025-04-22 | 88.37 | 81.59 | +0.76 | EQIX ahead |
| 2025-04-21 | 86.37 | 80.51 | +0.66 | EQIX ahead |
| 2025-04-17 | 88.27 | 83.35 | +0.53 | EQIX ahead |
| 2025-04-16 | 86.98 | 81.87 | +0.57 | EQIX ahead |
| 2025-04-15 | 87.97 | 80.39 | +0.88 | EQIX ahead |
| 2025-04-14 | 87.56 | 80.24 | +0.86 | EQIX ahead |
| 2025-04-11 | 86.78 | 78.56 | +1.00 | EQIX ahead |
| 2025-04-10 | 86.10 | 77.46 | +1.07 | EQIX ahead |
| 2025-04-09 | 89.08 | 80.18 | +1.07 | EQIX ahead |
| 2025-04-08 | 82.67 | 73.27 | +1.24 | EQIX ahead |
| 2025-04-07 | 83.53 | 77.16 | +0.82 | EQIX ahead |
| 2025-04-04 | 85.59 | 80.19 | +0.68 | EQIX ahead |
| 2025-04-03 | 89.53 | 82.93 | +0.81 | EQIX ahead |
| 2025-04-02 | 92.89 | 91.71 | +0.17 | near the usual relationship |
| 2025-04-01 | 91.26 | 90.98 | +0.08 | near the usual relationship |
| 2025-03-31 | 91.08 | 91.26 | +0.03 | near the usual relationship |
| 2025-03-28 | 89.70 | 90.16 | +0.00 | near the usual relationship |
| 2025-03-27 | 92.19 | 90.41 | +0.26 | near the usual relationship |
| 2025-03-26 | 92.83 | 90.72 | +0.30 | near the usual relationship |
| 2025-03-25 | 93.97 | 89.17 | +0.59 | EQIX ahead |
| 2025-03-24 | 95.22 | 90.01 | +0.64 | EQIX ahead |
| 2025-03-21 | 93.23 | 88.51 | +0.60 | EQIX ahead |
| 2025-03-20 | 95.14 | 91.49 | +0.48 | near the usual relationship |
| 2025-03-19 | 95.55 | 92.22 | +0.45 | near the usual relationship |
| 2025-03-18 | 93.97 | 91.74 | +0.34 | near the usual relationship |
| 2025-03-17 | 95.76 | 93.42 | +0.35 | near the usual relationship |
| 2025-03-14 | 93.57 | 91.34 | +0.35 | near the usual relationship |
| 2025-03-13 | 93.16 | 90.09 | +0.44 | near the usual relationship |
| 2025-03-12 | 95.51 | 94.47 | +0.23 | near the usual relationship |
| 2025-03-11 | 93.41 | 95.66 | -0.11 | near the usual relationship |
| 2025-03-10 | 92.79 | 96.22 | -0.23 | near the usual relationship |
| 2025-03-07 | 96.01 | 97.89 | -0.06 | near the usual relationship |
| 2025-03-06 | 97.40 | 98.20 | +0.05 | near the usual relationship |
| 2025-03-05 | 102.88 | 101.26 | +0.29 | near the usual relationship |
| 2025-03-04 | 101.66 | 99.41 | +0.35 | near the usual relationship |
| 2025-03-03 | 101.72 | 100.85 | +0.22 | near the usual relationship |
| 2025-02-28 | 101.05 | 101.16 | +0.13 | near the usual relationship |
| 2025-02-27 | 101.70 | 100.22 | +0.29 | near the usual relationship |
| 2025-02-26 | 101.68 | 99.72 | +0.34 | near the usual relationship |
| 2025-02-25 | 101.28 | 100.09 | +0.27 | near the usual relationship |
| 2025-02-24 | 101.54 | 98.56 | +0.45 | near the usual relationship |
| 2025-02-21 | 102.73 | 98.75 | +0.55 | EQIX ahead |
| 2025-02-20 | 105.03 | 98.69 | +0.77 | EQIX ahead |
| 2025-02-19 | 104.90 | 99.29 | +0.71 | EQIX ahead |
| 2025-02-18 | 104.10 | 99.03 | +0.67 | EQIX ahead |
| 2025-02-14 | 104.29 | 98.65 | +0.73 | EQIX ahead |
| 2025-02-13 | 103.11 | 98.69 | +0.62 | EQIX ahead |
| 2025-02-12 | 104.47 | 97.77 | +0.84 | EQIX ahead |
| 2025-02-11 | 105.41 | 99.40 | +0.77 | EQIX ahead |
| 2025-02-10 | 105.36 | 97.53 | +0.96 | EQIX ahead |
| 2025-02-07 | 104.25 | 95.80 | +1.04 | EQIX ahead |
| 2025-02-06 | 104.82 | 96.77 | +1.00 | EQIX ahead |
| 2025-02-05 | 104.61 | 96.96 | +0.97 | EQIX ahead |
| 2025-02-04 | 103.25 | 96.58 | +0.89 | EQIX ahead |
| 2025-02-03 | 102.21 | 96.20 | +0.84 | EQIX ahead |
| 2025-01-31 | 102.06 | 97.35 | +0.72 | EQIX ahead |
| 2025-01-30 | 103.01 | 98.49 | +0.70 | EQIX ahead |
| 2025-01-29 | 101.46 | 97.28 | +0.68 | EQIX ahead |
| 2025-01-28 | 101.30 | 98.13 | +0.59 | EQIX ahead |
| 2025-01-27 | 100.55 | 98.98 | +0.44 | near the usual relationship |
| 2025-01-24 | 105.10 | 97.09 | +1.05 | EQIX ahead |
| 2025-01-23 | 105.11 | 96.77 | +1.09 | EQIX ahead |
| 2025-01-22 | 103.35 | 93.98 | +1.22 | EQIX ahead |
| 2025-01-21 | 104.33 | 95.73 | +1.14 | EQIX ahead |
| 2025-01-17 | 102.28 | 89.37 | +1.62 | EQIX ahead |
| 2025-01-16 | 102.76 | 90.56 | +1.55 | EQIX ahead |
| 2025-01-15 | 100.54 | 88.04 | +1.63 | EQIX ahead |
| 2025-01-14 | 100.32 | 88.26 | +1.60 | EQIX ahead |
| 2025-01-13 | 100.50 | 86.02 | +1.88 | EQIX ahead |
| 2025-01-10 | 100.52 | 84.56 | +2.07 | EQIX ahead |
| 2025-01-08 | 106.24 | 86.12 | +2.46 | EQIX ahead |
| 2025-01-07 | 105.01 | 87.00 | +2.28 | EQIX ahead |
| 2025-01-06 | 105.00 | 87.07 | +2.30 | EQIX ahead |
| 2025-01-03 | 107.24 | 86.23 | +2.64 | EQIX ahead |
| 2025-01-02 | 105.48 | 85.11 | +2.65 | EQIX ahead |
| 2024-12-31 | 105.33 | 86.29 | +2.54 | EQIX ahead |
| 2024-12-30 | 104.55 | 85.80 | +2.56 | EQIX ahead |
| 2024-12-27 | 105.30 | 85.91 | +2.66 | EQIX ahead |
| 2024-12-26 | 105.94 | 87.26 | +2.60 | EQIX ahead |
| 2024-12-24 | 106.12 | 85.47 | +2.88 | EQIX ahead |
| 2024-12-23 | 104.96 | 85.01 | +2.88 | EQIX ahead |
| 2024-12-20 | 103.58 | 84.34 | +2.87 | EQIX ahead |
| 2024-12-19 | 102.95 | 82.78 | +3.07 | EQIX ahead |
| 2024-12-18 | 103.48 | 84.82 | +2.92 | EQIX ahead |
| 2024-12-17 | 107.33 | 88.87 | +2.85 | EQIX ahead |
| 2024-12-16 | 107.01 | 88.87 | +2.87 | EQIX ahead |
| 2024-12-13 | 107.80 | 90.72 | +2.77 | EQIX ahead |
| 2024-12-12 | 108.95 | 91.14 | +2.89 | EQIX ahead |
| 2024-12-11 | 108.75 | 91.40 | +2.90 | EQIX ahead |
| 2024-12-10 | 107.43 | 92.37 | +2.68 | EQIX ahead |
| 2024-12-09 | 108.24 | 94.22 | +2.57 | EQIX ahead |
| 2024-12-06 | 110.03 | 91.43 | +3.21 | EQIX ahead |
| 2024-12-05 | 108.78 | 92.89 | +2.93 | EQIX ahead |
| 2024-12-04 | 107.87 | 93.92 | +2.74 | EQIX ahead |
| 2024-12-03 | 107.65 | 95.02 | +2.60 | EQIX ahead |
| 2024-12-02 | 107.78 | 94.56 | +2.73 | EQIX ahead |
| 2024-11-29 | 109.64 | 95.33 | +2.90 | EQIX ahead |
| 2024-11-27 | 109.37 | 96.16 | +2.80 | EQIX ahead |
| 2024-11-26 | 109.28 | 94.83 | +3.04 | EQIX ahead |
| 2024-11-25 | 108.84 | 96.38 | +2.81 | EQIX ahead |
| 2024-11-22 | 104.60 | 94.53 | +2.56 | EQIX ahead |
| 2024-11-21 | 103.17 | 93.04 | +2.63 | EQIX ahead |
| 2024-11-20 | 102.65 | 93.50 | +2.52 | EQIX ahead |
| 2024-11-19 | 103.11 | 93.98 | +2.55 | EQIX ahead |
| 2024-11-18 | 101.60 | 93.59 | +2.42 | EQIX ahead |
| 2024-11-15 | 100.24 | 92.59 | +2.42 | EQIX ahead |
| 2024-11-14 | 100.33 | 93.67 | +2.28 | EQIX ahead |
| 2024-11-13 | 100.66 | 95.16 | +2.10 | EQIX ahead |
| 2024-11-12 | 100.87 | 92.04 | +2.67 | EQIX ahead |
| 2024-11-11 | 102.04 | 93.14 | +2.70 | EQIX ahead |
| 2024-11-08 | 102.89 | 94.56 | +2.63 | EQIX ahead |
| 2024-11-07 | 101.40 | 93.23 | +2.66 | EQIX ahead |
| 2024-11-06 | 99.51 | 92.85 | +2.45 | EQIX ahead |
| 2024-11-05 | 101.54 | 93.41 | +2.72 | EQIX ahead |
| 2024-11-04 | 100.08 | 92.95 | +2.59 | EQIX ahead |
| 2024-11-01 | 99.23 | 92.57 | +2.55 | EQIX ahead |
| 2024-10-31 | 101.44 | 92.20 | +3.03 | EQIX ahead |
| 2024-10-30 | 101.68 | 94.59 | +2.67 | EQIX ahead |
| 2024-10-29 | 101.20 | 94.13 | +2.71 | EQIX ahead |
| 2024-10-28 | 101.95 | 96.17 | +2.49 | EQIX ahead |
| 2024-10-25 | 102.14 | 95.95 | +2.61 | EQIX ahead |
| 2024-10-24 | 100.06 | 98.28 | +1.84 | EQIX ahead |
| 2024-10-23 | 99.55 | 98.64 | +1.70 | EQIX ahead |
| 2024-10-22 | 98.12 | 97.09 | +1.74 | EQIX ahead |
| 2024-10-21 | 98.30 | 96.14 | +1.97 | EQIX ahead |
| 2024-10-18 | 100.00 | 100.00 | +1.58 | EQIX ahead |
One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Jun 25, 2025 (EQIX -9.1%, PLD -3.1%); Jun 26, 2025 (EQIX -9.6%, PLD -0.4%); Feb 12, 2026 (EQIX +10.4%, PLD -2.5%). Upcoming earnings: EQIX Oct 28, 2026 (after-hours).
The shared paper book and the replay, kept apart
Forward paper record
No paper position on this pair yet.
Historical simulation (a diagnostic, same rules)
2 simulated trades to Oct 20, 2026: -6.11% per trade on average after costs, 0 won.
| Legs | Entered | Exited | Why | Days | Before costs | Costs + borrow | After costs |
|---|---|---|---|---|---|---|---|
| Long EQIX · Short PLD | Feb 12, 2021 | Apr 29, 2021 | divergence stop | 76 | -$604.08 | -$55.37 | -$627.70 (-6.28%) |
| Long PLD · Short EQIX | Mar 9, 2020 | Mar 10, 2020 | divergence stop | 1 | -$550.81 | -$43.83 | -$595.18 (-5.95%) |
Per $10,000 a leg. A replay on today's companies cannot prove an edge.
EQIX and PLD at a glance
EQIX Equinix Inc. Common Stock REIT
- Listing
- Nasdaq · SEC CIK 1101239
- Industry
- Real Estate Investment Trusts · SIC 6798 Real Estate Investment Trusts
- Market value
- $96.3B
- Price history
- 2,521 daily closes, Oct 12, 2016 to Oct 22, 2026
PLD Prologis Inc.
- Listing
- NYSE · SEC CIK 1045609
- Industry
- Real Estate Investment Trusts · SIC 6798 Real Estate Investment Trusts
- Market value
- $117.6B
- Price history
- 2,521 daily closes, Oct 12, 2016 to Oct 22, 2026
Daily prices: Nasdaq.com. Filings and industry codes: SEC EDGAR. Earnings dates: Nasdaq earnings calendar.
Other rivals of EQIX and PLD
| Pair | Status | Ahead now | Industry |
|---|---|---|---|
| WELL / PLD | Watchlist | WELL by 2.56 sd | Real Estate Investment Trusts |
| WELL / EQIX | Watchlist | WELL by 1.28 sd | Real Estate Investment Trusts |
Follow the research behind the paper book
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Explore the private betaPaper only: hypothetical paired positions with modelled costs. No broker, no orders, no real money. A historical simulation is a diagnostic, not proof of an edge. Not investment advice.
